Intel Soars After $14.2B Buyback of Irish Chip Factory
Intel will repurchase its 49% stake in Ireland’s Fab 34 from Apollo for $14.2B. Stock jumps as the chipmaker regains full control of key AI manufacturing site.
Intel will repurchase its 49% stake in Ireland’s Fab 34 from Apollo for $14.2B. Stock jumps as the chipmaker regains full control of key AI manufacturing site.
Arm enters the AI chip race with its new 136-core AGI CPU. Meta is the first major buyer as Arm targets $15B annual revenue from chips in 5 years — aiming for $25B total company sales.
SambaNova Systems launches the powerful SN50 AI chip for fast, efficient "agentic" AI, teams up with Intel for better alternatives to Nvidia GPUs, and secures over $350 million in funding to scale up.
Nvidia's latest 13F filing reveals it sold positions in Applied Digital, WeRide, and Recursion Pharmaceuticals in Q4 2025, causing after-hours dips.
Intel and SoftBank's Saimemory partner on next-generation memory tech for AI computing. ZAM program targets 2029 commercialization with improved performance and efficiency.
Nvidia and Apple plan to shift some chip production to Intel by 2028, reducing reliance on TSMC while maintaining core manufacturing partnerships.